The price of Super 95 gasoline and Diesel 50S will rise by three pesos each, while the value of Supergas will remain the same.
According to forecasts, based on international indices, the Executive power announced an increase in the value of fuels that will be formalized as of this Friday in the Uruguaybut that does not affect the price of the supergas.
He Ministry of Industry, Energy and Mining of Uruguay (MIEM) published a statement specifying the details of the increase in each type of fuel, where it assured that “the maximum price for sale to the public of naphtha super 95 will be $74.39 per liter (it was at $71.16), while the maximum price of Diesel 50S It will be $55.99 at the pump (it was at $52.82)”. For its part, the price of supergas will remain unchanged.
Faced with the increase, the ministry clarified that a large part of the increase in values was absorbed by the National Administration of Fuels, Alcohol and Portland (Ancap). “In the case of the most widely used fuels, the adjustment moderates the international rise and prices will continue below the PPI, thanks to the fact that ANCAP absorbs a good part of the increase”, establishes the Miem.
The decision to increase fuel prices – which will take effect from September 1 – is due to the fact that the international indices. “The decision responds to the strong monthly rise in international references established through the Import Parity Price (PPI), in line with the 10% increase in oil during the reference period,” the statement clarifies.
Lastly, the ministry reaffirmed the commitment of the Executive for trying to maintain the stability of the economic activity of Uruguay. “The Executive Power maintains its commitment to continue safeguarding the national economic activity and the cost of living of Uruguayans, taking into account the international evolution of prices and the situation of ancapwhich will begin the refinery’s maintenance shutdown in September,” the proclamation concludes.
Source: Ambito
